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‘Bad’ bank loans decline by $102m
Total commercial bank ‘bad loans’ fell by more than $100 million during the 2015 first half, although much more remains to be done to restore this key indicator to pre-recession levels.
Gibson leads Huskies to two victories
Qyemah Gibson has emerged as an offensive leader for the St. Mary’s Huskies this preseason and has set the tone for lofty expectations in the 2021 campaign.
Benchmark tackles portfolio ‘volatility’
Benchmark (Bahamas) yesterday said it had “reduced the risk exposure” in its investment portfolio in a bid to boost profitability, as it continues to tackle its local and international regulatory issues.
The magic nolle
Lost in the ongoing debate over the imaginary monarchical powers of the Prime Minister is any serious public-policy discussion over who may or may not have access to tourists on public beaches.
Gov’t ‘exhausts’ 95% of deficit projection
The Government used up 95 per cent of its projected 2015-2016 full-year deficit within the first five months, the Chamber’s chairman arguing this shows the Bahamas cannot escape its fiscal predicament via new taxes alone.
Auto dealers: Sales ‘20% higher’ if we had supply
Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.
‘They wanted Gov’t to buy the Grand Lucayan twice’
The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.
Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
A reckless promise that might founder
TUESDAY’S first cabinet meeting of the newly-elected PLP government, marked Day One of its first 100 days of governing, Prime Minister Perry Christie announced. Day One was also marked with a warning salvo from Moody’s Investment Services, one of three major credit rating agencies.
Swift Masters do Bahamas proud
SIX members of Swift swimming represented the Bahamas well at the World Masters Championships. The World Championships highlight both the club and country at the worlds’ largest meet.
Smith leads the Hawks past Celtics 83-74
ATLANTA (AP) -- Josh Smith scored 22 points and grabbed 18 rebounds, leading the Atlanta Hawks to an 83-74 victory over Boston in Game 1 of the Eastern Conference playoffs last night, the final minute turning ugly when Celtics star Rajon Rondo was ejected
Holy Week: Prayer Book provides rites and services
FOR the last week of Lent and the week before Easter, in which the events in the last week of Jesus’ earthly ministry are remembered, the Prayer Book provides special services for readings. The week begins with Passion Sunday, traditionally called Palm Sunday, with its blessing of palms and procession, followed by a reading of the passion narrative from one of the synoptic Gospels.
Holy Week – Part V
THE last week of Lent and the week before Easter is the time in which the events in the last week of Jesus’ earthly ministry are remembered.
National baseball stadium field ‘will be world class’
AS baseball at all levels continues to take centre stage in the country, the timeline for completion of the much maligned Andre Rodgers National Baseball Stadium faces another possible delay.
Thou shalt love thy Chinese neighbour as thyself
I would like to commend the Chinese Community Association of The Bahamas for the generous food donations to the Red Cross, which will undoubtedly go a long way toward feeding many hungry Bahamian families in Nassau.
HOLY WEEK Lent – Part IV
THE last week of Lent and the week before Easter is when the events in the last week of Jesus’ earthly ministry are remembered. The Prayer Book provides special services for most of these days and special readings for all of them.
KPMG says Gov’t spending ‘far greater than needed’
The Government’s $1.823 billion recurrent spending Budget is “far greater than it should be” when set against the services it is delivering to the Bahamian people, a top accounting firm is arguing.
‘Not enough time given’, says Abaco shanty town resident
ALTHOUGH for years government has threatened to destroy Abaco’s shanty towns, a father of two facing eviction from The Farm fears his family will have nowhere to go before the deadline is up to leave the unregulated community, his home for 20 years.
10 murders on Grand Bahama as crime falls by 10%
CRIME is down 10 percent in Grand Bahama, Police Commissioner Anthony Ferguson reported yesterday. Of the 95 murders police recorded in 2019, Commissioner Ferguson said 10 occurred in Grand Bahama; two each in Abaco and Bimini, and one in Eleuthera.
$10m spent on 'miraculous transformation' of garbage site
TIMOTHY Hodge met a putrid scent and 95 acres of open garbage when he arrived at the city dump a year ago, the byproduct of years of mismanagement.Yesterday he led Prime Minister Dr Hubert Minnis on a tour of the revamped site, now called the New Pro
